COMPANY PROFILE -Titan Company
Business Sector :Fashion & Lifestyle
Operating Geography :India, Asia, Global
About Titan Company :
Titan Company Limited (formerly Titan Industries Limited) is an Indian lifestyle brand that specialises in luxury accessories including watches, jewellery, and eyewear. The business is based in Electronic City, Bangalore, and is part of the Tata Group. It began as a joint venture with TIDCO. On 26 July 1984 Titan Company Limited was inaugurated under the name Titan Watches Limited in Chennai. Fastrack, Sonata, Raga, Octane, and Xylys are all part of the watches division and Tommy Hilfiger and Hugo Boss watches were also licenced for marketing and sale by the company. Titan Industries entered the fashion accessory market with the launch of Titan Eye+, which features a wide variety of frames, contact lenses, prescription eyewear, and sunglasses. Tanishq was Titan's first foray into the jewellery market. Titan Industries has launched Taneira, its newest ethnic wear brand, which sells hand-woven sarees from various weaving clusters across India. In 2021, the company announced that its jewellery division has experienced strong growth, and it intends to continue to navigate through the crisis by introducing innumerable grass-root innovations to meet customer needs and effectively reach out to them through digital channels.
Titan Industries's Unique Selling Point or USP lies in it being the world's fifth-largest wrist watch manufacturer and India's leading producer of watches. The company's mission statement reads, "We will do this through a pioneering spirit and a caring, value-driven culture that fosters innovation, drives performance and ensures the highest global standards in everything we do".
Titan Company Revenue :
Rs. 20,010 crores - FY ending 31st March 2020 (y-o-y growth of 5%)
Rs. 19,070 crores - FY ending 31st March 2019
Competitive Analysis of Titan Company
The SWOT analysis for Titan Company is presented below:
Strengths | Weaknesses |
1. Well diversified range of product with over 15 brands.
2. Expanded their physical footprint by adding 175+ stores.
3. Key competitive advantage is wide range of designs along with distribution network.
4. Increase in segment revenue from Rs. 19, 248 crores to Rs. 20,156 crores.
| 1. Watches and jewelry segment account for approximately 96% of revenue from operations.
2. Fall in quarterly revenue and total comprehensive profit.
3. Has failed to get young professionals positively inclined towards the brand.
4. Majority of sales are dependent on retail operations.
|
Opportunities | Threats |
1. Global expansion through partnering up with global brands. | 1. Jewellery segment, which is the highest earning segment, faces risk of gold price volatility.
2. The covid-19 pandemic affected retail operations and had a severe impact on Q4 profits.
3. Competition from other global brands that are entering the Indian market.
|
Titan Company SWOT and PESTLE Analysis PDF Report is a custom report and will be delivered to your email inbox within 2 business days from purchase.
Detailed SWOT Analysis of Titan Company
Strength
1. Key competitive advantage is wide range of designs along with distribution network: Titan Company’s key competitive advantage is its wide range of designs. Titan is one of India’s leading brand for watches and the watch segment has been thriving because of its world class design studio which is continuously reinventing and is committed towards making watches that push the imaginative boundaries. In the jewellery segment, Tanishq is India’s largest and most trusted jewellery brand. The basis of the Titan’s jewellery segment lies in quality, design and innovation. Its jewellery design studio works to conceptualize new ideas and craft exquisite pieces. Titan has a huge physical footprint along with digital presence. In the financial year 2019-20 they added 175+ stores taking their total up to 1800+ stores all over India. This addition of stores has further widened their distribution network. Titan’s extensive retail stores network accounts for a majority of its sales.
The remaining section under "Strengths" is available only in the 'Complete Report' on purchase.
Weakness
This section is available only in the 'Complete Report' on purchase.
Opportunity
This section is available only in the 'Complete Report' on purchase.
Threat
1. Jewellery segment, which is the highest earning segment, faces risk of gold price volatility: During uncertain or challenging times, gold prices tend to skyrocket in the international and domestic markets. This is due to the looming threats of Covid-19, travel restrictions imposed by the governments along with other restriction, supply shortages and lack of transportation. Now, this increase in gold prices coupled with the falling value of rupee in terms of dollar further increases prices of gold and encourages gold price volatility. This volatility and continuous surge in prices of gold deters customers from buying gold. Now, this is a major problem for Titan Company because the jewellery segment accounts for the majority of Titan’s revenue. The sharp rise in gold prices led to a drastic fall in demand in the second quarter of 2020. The other cardinal cause for increase in gold prices is ballooning of inventory which has a direct impact on return on capital employed.
The remaining section under "Threat" is available only in the 'Complete Report' on purchase.
The PESTLE analysis for Titan Company is presented below:
Political | Economical |
1. Removal of trade barriers have led to increased competition from foreign brands.
2. Increase in import duties on gold.
3. Prolonged lockdown had adverse effect on its sales.
| 1. Fluctuations in foreign exchange rate made rupee weaker and thus made raw materials like gold expensive.
2. Increase in prices of gold in the past year have led to increase in costs for Titan.
|
Social | Technological |
1. Increase in the proportion of working women has led to an increase in sales for watches.
2. Watches today are used as signature pieces for making a style statement.
| 1. Titan believes in adapting to current trends, innovation and constantly reinventing itself. |
Legal | Environmental |
1. Sale of counterfeit watches has affected company’s image and revenue
| 1. Titan has a sustainability policy which involves integrating environmental, social and ethical principles. |
Titan Company SWOT and PESTLE Analysis PDF Report is a custom report and will be delivered to your email inbox within 2 business days from purchase.
Detailed Pestle Analysis of Titan Company
Political
This section is available only in the 'Complete Report' on purchase.
Economic
1. Fluctuations in foreign exchange rate made rupee weaker and thus made raw materials like gold expensive: There were a lot of fluctuations in the foreign exchange rate in fiscal 2020. The rupee also became more expensive as compared to dollar, this has an adverse effect on imports. Since India is the largest importer of gold, these imports cater mainly to the demands of jewellery industry in India. These fluctuations in foreign exchange rate along with import restrictions have affected the availability of gold. This has a direct impact on Titan’s jewellery segment. As the jewellery segment is the main revenue generator for Titan and with uncertainty over the availability of gold, their jewellery segment suffers.
The remaining section under "Ecomonic" is available only in the 'Complete Report' on purchase.
Social
This section is available only in the 'Complete Report' on purchase.
Technological
This section is available only in the 'Complete Report' on purchase.
Legal
This section is available only in the 'Complete Report' on purchase.
Environmental
This section is available only in the 'Complete Report' on purchase.
Major Competitors :
- Kirtilals
- Vogue crafts
- PC Jewellers
- Bluestone
- Timex
Major Brands :
- Tanishq
- Fastrack
- Sonata
- Raaga
- Mia
- Skinn
Titan Company SWOT and PESTLE Analysis PDF Report is a custom report and will be delivered to your email inbox within 2 business days from purchase.
WHY BUY THIS REPORT?
TABLE OF CONTENTS
DELIVERY AND FORMAT
WHY CHOOSE US?
The Titan Company SWOT and PESTLE Analysis report will offer the following:
- Titan Company SWOT and PESTLE analysis report demonstrates an understanding of the complex internal and external factors shaping the brand and its operations.
- SWOT analysis is a tool to analyze the internal and external factors. Internal analysis evinces a discussion on how Titan Company can ameliorate its strengths and overcome its weaknesses, whereas the external analysis helps to identify the opportunities for development and eliminate threats that can hamper growth.
- The PESTLE analysis gives a bird’s eye view of the whole environment (macro factors) of Titan Company from many different angles that one wants to check and keep a track of while contemplating a certain idea/plan.
- The analysis report helps the users to understand the business models of Titan Company with regards to influencers like political, economic, social, technological, legal and environmental factors.
- Titan Company’s comprehensive analysis to conclude information about its company position, marketing strategy, business plans and performance of it’s brands, partners and subsidiaries.
- A summary of Titan Company’s mission, vision and unique strategies to capture the market.
- Record of strategic initiatives extended by Titan Company to stay ahead of its competitors and attain competitive advantage.
- A brief idea about company’s mergers, acquisitions, profit appraisal, deals, alliances/partnership/ventures.
- Identifying the core values, key performance indicators, and success factors that contribute to sustainable growth for Titan Company.
You may also be interested in other analyses of Titan Company:
-
Titan Company Porter's Five Forces Analysis |
|
-
Titan Company VRIO Analysis |
|
-
Titan Company Value Chain Analysis |
|
-
Titan Company Covid-19 Impact Analysis |
|
-
Titan Company BCG Analysis |
|
-
Titan Company Segmentation, Targeting and Positioning (STP) Analysis |
|
-
Titan Company Ansoff Matrix Analysis |
|
Request for Quotation
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Get The Free Sample
Company Overview Report
This report is shared in order to give you an idea of what the complete Company Overview Report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free.
You also agree to receive email updates from us on our new reports and solutions.
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Request for Quotation
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Get The Free Sample
Competitor Analysis Report
This report is shared in order to give you an idea of what the complete Competitor Analysis Report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free.
You also agree to receive email updates from us on our new reports and solutions.
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Request for Quotation
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Get The Free Sample
Porter's Five Forces Analysis Report
This report is shared in order to give you an idea of what the complete Porter's Five Forces Analysis Report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free.
You also agree to receive email updates from us on our new reports and solutions.
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Request for Quotation
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Get The Free Sample
VRIO Analysis Report
This report is shared in order to give you an idea of what the complete VRIO Analysis Report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free.
You also agree to receive email updates from us on our new reports and solutions.
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Request for Quotation
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Get The Free Sample
Value Chain Analysis Report
This report is shared in order to give you an idea of what the complete Value Chain Analysis Report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free.
You also agree to receive email updates from us on our new reports and solutions.
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Request for Quotation
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Get The Free Sample
Regulatory Outlook Report
This report is shared in order to give you an idea of what the complete Regulatory Outlook Report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free.
You also agree to receive email updates from us on our new reports and solutions.
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Request for Quotation
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Get The Free Sample
Risk Analysis Report
This report is shared in order to give you an idea of what the complete Risk Analysis Report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free.
You also agree to receive email updates from us on our new reports and solutions.
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Request for Quotation
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Get The Free Sample
Key Performance Indicators (KPI's) Report
This report is shared in order to give you an idea of what the complete Key Performance Indicators (KPI's) Report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free.
You also agree to receive email updates from us on our new reports and solutions.
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Request for Quotation
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Get The Free Sample
Environmental, Social, and Governance (ESG) Analysis Report
This report is shared in order to give you an idea of what the complete Environmental, Social, and Governance (ESG) Analysis Report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free.
You also agree to receive email updates from us on our new reports and solutions.
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Request for Quotation
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Get The Free Sample
M&A Analysis Report
This report is shared in order to give you an idea of what the complete M&A Report and Analysis Report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free.
You also agree to receive email updates from us on our new reports and solutions.
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Request for Quotation
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Get The Free Sample
Subsidiaries, Partnerships and Collaborations Report
This report is shared in order to give you an idea of what the complete Subsidiaries, Partnerships and Collaborations Report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free.
You also agree to receive email updates from us on our new reports and solutions.
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Request for Quotation
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Get The Free Sample
Stakeholder Analysis Report
This report is shared in order to give you an idea of what the complete Stakeholder Analysis Report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free.
You also agree to receive email updates from us on our new reports and solutions.
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Request for Quotation
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Get The Free Sample
Technology Landscape and Outlook Report
This report is shared in order to give you an idea of what the complete Technology Landscape and Outlook Report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free.
You also agree to receive email updates from us on our new reports and solutions.
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Request for Quotation
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Get The Free Sample
Covid-19 Impact Analysis Report
This report is shared in order to give you an idea of what the complete Covid-19 Impact Analysis Report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free.
You also agree to receive email updates from us on our new reports and solutions.
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Request for Quotation
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Get The Free Sample
Key News and Events Report
This report is shared in order to give you an idea of what the complete Key News and Events Report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free.
You also agree to receive email updates from us on our new reports and solutions.
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Request for Quotation
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Get The Free Sample
BCG Analysis Report
This report is shared in order to give you an idea of what the complete BCG Analysis Report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free.
You also agree to receive email updates from us on our new reports and solutions.
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Request for Quotation
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Get The Free Sample
Digital Marketing and Social Media Strategy Analysis Report
This report is shared in order to give you an idea of what the complete Digital Marketing and Social Media Strategy Analysis Report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free.
You also agree to receive email updates from us on our new reports and solutions.
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Request for Quotation
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Get The Free Sample
Segmentation, Targeting and Positioning (STP) Analysis Report
This report is shared in order to give you an idea of what the complete Segmentation, Targeting and Positioning (STP) Analysis Report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free.
You also agree to receive email updates from us on our new reports and solutions.
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Request for Quotation
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Get The Free Sample
Ansoff Matrix Analysis Report
This report is shared in order to give you an idea of what the complete Ansoff Matrix Analysis Report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free.
You also agree to receive email updates from us on our new reports and solutions.
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Check Out Analysis of Other Relevant Companies
References used in Titan Company SWOT & PESTLE Analysis Report
1. Titan Company Annual Report 2019 - https://www.titancompany.in/sites/default/files/Annual_Report_2019_20.pdf
2. Titan - India's leading brand of watches | Titan Company - https://www.titancompany.in/our-brands/watches-accessories/titan
3. News - Titan forays US market in collaboration with Amazon -
https://www.titancompany.in/news/titan-forays-us-market-amazon
4. Innovation at Titan | Titan Corporate -
https://www.titancompany.in/about-us/innovation-at-titan
5. Sustainability Policy | Titan Corporate - https://www.titancompany.in/content/sustainability-policy
The detailed complete set of references are available on request in the 'Complete report' on purchase.
How to Reference This Page?
You can use the following in your reference section in order to give credit to the source. For different referencing styles and detailed guidelines, please click here.
Titan Company SWOT and PESTLE Analysis - SWOT & PESTLE.COM
SWOT & PESTLE.com (2025). Titan Company SWOT and PESTLE Analysis - SWOT & PESTLE.com. [online] Available at: https://www.swotandpestle.com/titan-company/ [Accessed 23 Jan, 2025].
In-text: (SWOT & PESTLE.com, 2025)
Copyrights and Disclaimer
Titan Company SWOT and PESTLE analysis has been conducted by Nishtha Ahuja and reviewed by senior analysts from Barakaat Consulting.
Copyright of Titan Company SWOT and PESTLE Analysis is the property of Barakaat Consulting. Please refer to the Terms and Conditions and Disclaimer for usage guidelines.